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Jan 13, 2013
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the fiscal negotiations and our spending and taxes, the taxes one i think is closed, come down to this. the reason we can't get a deal is that for each party each party s trying to get from the negotiations what they are being asked to five up in the negotiations. -- give up in the negotiations. hard to get a deal that a way. >> check out panel plus where our group pubs up with the discuss on our -- picks up with our discussion on the website. follow us on twitter. up next, our power player of the week. when you have diabetes... your doctor will say get smart about your weight. that's why there's glucerna hunger smart shakes. they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. [ male announcer ] glucerna hunger smart. a smart way to help manage hunger and diabetes. a great cup of coffee should be easy as one, two... well, just one. new single serve cafe collections from maxwell house now available for use in the keurig k-cup brewer. always good to the last drop. now available for use in the keurig k-cup brewer. ...so as you can see, geico's custome
the fiscal negotiations and our spending and taxes, the taxes one i think is closed, come down to this. the reason we can't get a deal is that for each party each party s trying to get from the negotiations what they are being asked to five up in the negotiations. -- give up in the negotiations. hard to get a deal that a way. >> check out panel plus where our group pubs up with the discuss on our -- picks up with our discussion on the website. follow us on twitter. up next, our power...
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Jan 17, 2013
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obama demands the wealthy pay their fair share of taxes, but it's just another elitist hypocrite when it comes to a fair share of security. protection for their kids, and gun-free zones for ours. >> sean: and as you can imagine, the white house was up in arms that the n.r.a. mentioned the president's children in the ad, but ironically, obama didn't mind exploiting other people's kids during today's press conference. join me now with reaction, fox news contributors monica crowley and lessy marshal. wait a minute, so you didn't mention his kids, but we'll use these other kids as props and exploit them in the background here, a little hypocritical? >> not at all. >> no? >> you know i'm the mom of two kids, four and five. nobody can exploit my children except me, so, if you think anybody exploited them, and i don't think they he were exploited, it's the parents. the parents agreed, the kids sent the president a letter and sean, this is about the kids, i'm not going to start singing whitney houston "the children of our i promise. >> sean: and i take your point and i think generally speakin
obama demands the wealthy pay their fair share of taxes, but it's just another elitist hypocrite when it comes to a fair share of security. protection for their kids, and gun-free zones for ours. >> sean: and as you can imagine, the white house was up in arms that the n.r.a. mentioned the president's children in the ad, but ironically, obama didn't mind exploiting other people's kids during today's press conference. join me now with reaction, fox news contributors monica crowley and lessy...
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Jan 15, 2013
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he also made sure to include that he wants more taxes. more taxes. obama care taxes are already kicking in. we just had a tax increase on investors and small businesses. can you beat that, more taxes? >> this should come as a surprise to nobody, larry. obama's goal is not some sound economy when he -- as his legacy, his goal is as to fundamentally transform america where we have a vastly expanded size of government. he won't talk about cuts except little ones on the side. but he wants to continue to expand government. he doesn't care about deficits. he's not going to deal on this. >> you know, a couple of times during the news conference, i was interested in this. president obama said to congress, go ahead, give me the power and i'll issue more debt. that's really what he wants. he wants the power to issue unlimited debt so he can have unlimited spending and eventually he's going to get around to unlimited tax hikes. >> well, to be clear, as you know, when we talk about the debt, the president doesn't get to decide, you know, how much we're spending
he also made sure to include that he wants more taxes. more taxes. obama care taxes are already kicking in. we just had a tax increase on investors and small businesses. can you beat that, more taxes? >> this should come as a surprise to nobody, larry. obama's goal is not some sound economy when he -- as his legacy, his goal is as to fundamentally transform america where we have a vastly expanded size of government. he won't talk about cuts except little ones on the side. but he wants to...
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Jan 17, 2013
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ronald reagan raised the debt ceiling when necessary without complaint, and raised taxes more than once. and reagan was in favor of a ban on assault weapons just like president obama. >> right, and that comment was a way of saying that these are very centrist reforms, really common sense things that most americans agree with. he emphasized that in a few ways and a few times during that time. and i think the framing you're talking about, too, is really important. it is not just guns they're looking at. they're looking at mental health and research, links between violent media. you know, they are looking at more armed school resource officers at schools and providing funding for that. but i think constantly framing it, these are things that just make sense that the majority of americans support. and how can the republicans be so intransigent, not be even willing to discuss or consider any of these measures. >> richard, a month ago we heard the pundits say hand it off to joe biden and you will be involved in a senate committee process and lose all the momentum. well, this president/joe bid
ronald reagan raised the debt ceiling when necessary without complaint, and raised taxes more than once. and reagan was in favor of a ban on assault weapons just like president obama. >> right, and that comment was a way of saying that these are very centrist reforms, really common sense things that most americans agree with. he emphasized that in a few ways and a few times during that time. and i think the framing you're talking about, too, is really important. it is not just guns...
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Jan 18, 2013
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they have to show they stand for more than tax cuts for the rich. they have to understand that they want government to do things like help the hurricane victims which most voted against in the case of sandy. they need more moderate people to vote in the republican primaries.
they have to show they stand for more than tax cuts for the rich. they have to understand that they want government to do things like help the hurricane victims which most voted against in the case of sandy. they need more moderate people to vote in the republican primaries.
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Jan 16, 2013
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obama demands the wealthy pay their fair share of taxes, but he's just another elitist hypocrite when it comes to a fair share of security. >> joining me now is susan page, washington bureau chief for "usa today" and ron fournier, national correspondent and editorial director for the "national journal." good morning. >> good morning. >> morning. >> so the president's children, doesn't matter, republican, democrat, are generally considered off-limits. ron, what do you make of this nra ad? >> they really blew it. this is an organization that has a lot of power and a lot of credibility and has a legitimate purpose in our society to protect the second amendment but why would you put out an ad like that that is false? the president is not opposed to security in the schools. he does not -- in fact, we have a lot of schools in this country that already have security. he just doesn't think that arming guards in schools is the only answer to cracking down on school shooting. it's just a cringe-worthy exploitive ad that undermines the nra, undermines the cause and frankly, if you are a second a
obama demands the wealthy pay their fair share of taxes, but he's just another elitist hypocrite when it comes to a fair share of security. >> joining me now is susan page, washington bureau chief for "usa today" and ron fournier, national correspondent and editorial director for the "national journal." good morning. >> good morning. >> morning. >> so the president's children, doesn't matter, republican, democrat, are generally considered off-limits....
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Jan 18, 2013
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they have to show they stand for more than tax cuts for the rich. they have to understand that they want government to do things like help the hurricane victims which most voted against in the case of sandy. they need more moderate people to vote in the republican primaries. they won't het them become more moderates and i think this is a deep problem and i think if some said we want him to bring this to the floor. it would send a signal to the moderates. >> 26% is how many support keeping assault weapons available to everyone. it is an amazing cross checking of the polls. >> and again i think you see that 26% overlapping with the tea party 26%. i think the republicans are dealing with public opinion that is influx. you have had a shift in favor of stricter gun laws since the
they have to show they stand for more than tax cuts for the rich. they have to understand that they want government to do things like help the hurricane victims which most voted against in the case of sandy. they need more moderate people to vote in the republican primaries. they won't het them become more moderates and i think this is a deep problem and i think if some said we want him to bring this to the floor. it would send a signal to the moderates. >> 26% is how many support keeping...
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Jan 15, 2013
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they tax a lot. when you thought the tax by the mile thing was in park, a government study proves washington is revving to go. so you say men are superior drivers? yeah. then how'd i get this... [ voice of dennis ] ...safe driving bonus check? every six months without an accident, allstate sends a check. ok. [ voice of dennis ] silence. are you in good hands? ♪ [ male announcer ] this is karen anjeremiah. they don't know it yet, but they' gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. >> neil: i think this is what they call a hybrid to hell. you bought the gas saver to ease your pai
they tax a lot. when you thought the tax by the mile thing was in park, a government study proves washington is revving to go. so you say men are superior drivers? yeah. then how'd i get this... [ voice of dennis ] ...safe driving bonus check? every six months without an accident, allstate sends a check. ok. [ voice of dennis ] silence. are you in good hands? ♪ [ male announcer ] this is karen anjeremiah. they don't know it yet, but they' gonna fall in love, get married, have a couple of...
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Jan 19, 2013
01/13
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he has made the tax code more progressive. i don't think anybody quite knows what we can do to get those millions of middle class jobs with wage gains that we need. it's a really, really pressing question for this economy. >> when people are living paycheck to paycheck who weren't ten years ago, that still becomes a problem even if you have health care and some of these other things. john, we are in the throes of partisanship in washington. even the president is pointing fingers. >> we are poised for a good year if we make smart decisions and sound investments. and as long as washington politics don't get in the way of america's progress. >> what breaks that juggernaut? can it get worse than this or -- please tell me this has got to be the bottom. >> every time we've said that it can't possibly get any worse in washington, it magically somehow gets worse in washington. we are in a surreal situation where right now probably the biggest impediment to america's recovery is the u.s. congress. if we have another downgrade, which is
he has made the tax code more progressive. i don't think anybody quite knows what we can do to get those millions of middle class jobs with wage gains that we need. it's a really, really pressing question for this economy. >> when people are living paycheck to paycheck who weren't ten years ago, that still becomes a problem even if you have health care and some of these other things. john, we are in the throes of partisanship in washington. even the president is pointing fingers. >>...
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Jan 18, 2013
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the cities deal with the immense problems that get thrust upon them as a consequence of diminished tax bases, as a consequence of housing, a significant portion of the public and the states that are in the most need. we are committed to having a third phase of the so-called big deal in the budget. we're of the view that just as it took during the clinton administration, it didn't happen in one fell swoop. the economy in great shape and move toward a balanced budget. it started off in three phases. it started off with president bush's actions, the first president bush in terms of taxation before president clinton took office. and then the actions the president took in 1994 and then in 1997. well, we think there is a third phase here that can set our country on a path that will allow us to get our debt to g.d.p., our deficit to g.d.p. down around 3%, which is the basis of all economists left, right and center all agree on the areas we can begin to grow as a country. and as my grandfather used to say with grace of god and goodwill of the neighbors, cooler heads will prevail now between no
the cities deal with the immense problems that get thrust upon them as a consequence of diminished tax bases, as a consequence of housing, a significant portion of the public and the states that are in the most need. we are committed to having a third phase of the so-called big deal in the budget. we're of the view that just as it took during the clinton administration, it didn't happen in one fell swoop. the economy in great shape and move toward a balanced budget. it started off in three...
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i've also said that we need more revenue through tax reform, by closing loopholes in our tax code for the wealthiest americans. if we combine a balanced package of savings from spending on health care and revenues from closing loopholes, we can solve the deficit issue without sacrificing our investments in things like education that are going to help us grow. turns out the american people agree with me. they listened to an entire year's debate over this issue and they made a clear decision about the approach they prefer. they don't think it's fair, for example, to ask a senior to pay more for his or her health care or a scientist to shut down life-saving research so that a multimillionaire investor can pay less in tax rates than a secretary. they don't think it's smart to protect endless corporate loopholes and tax breaks for the wealthiest americans rather than rebuild our roads and schools and invest in our worker's skills or help manufacturers bring jobs back to america. so they want us to get our books in order in a balanced way, where everybody pulls their weight, everyone does t
i've also said that we need more revenue through tax reform, by closing loopholes in our tax code for the wealthiest americans. if we combine a balanced package of savings from spending on health care and revenues from closing loopholes, we can solve the deficit issue without sacrificing our investments in things like education that are going to help us grow. turns out the american people agree with me. they listened to an entire year's debate over this issue and they made a clear decision...
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Jan 16, 2013
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to work hard and raise children and pay taxes without having a vote in congress. director katherine bigelow's film zero dark 30 glorifies torture. she said she is a pacifist and supports protests against torture, but writes i do wonder if some of the sentiment expressed about the film might be more appropriately directed as those who institute and ordered these u.s. policies as opposed to a motion picture that brings the story to the screen. those are things we thought you should know. time now for the gut check. the president called for sweeping new legislation to curb gun violence and ask lawmakers to take the next step. >> to make a real and lasting dnchs, congress too must act and act soon. >> i'm calling to ask proposals right away. >> what does your gut tell you? will republicans give any support to the president's proposa proposals? go to facebook.com/"news nation" and we will have the results tomorrow. that does it for this erkz additi edition of "news nation." the cycle is up next. [ male announcer ] at scottrade, you won't just find us online, you'll als
to work hard and raise children and pay taxes without having a vote in congress. director katherine bigelow's film zero dark 30 glorifies torture. she said she is a pacifist and supports protests against torture, but writes i do wonder if some of the sentiment expressed about the film might be more appropriately directed as those who institute and ordered these u.s. policies as opposed to a motion picture that brings the story to the screen. those are things we thought you should know. time now...
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. >>> the gun control debate who will be our next secretary of defense and whether your taxes are going to go up. in case you missed them, they were some of the topics on the sunday political talk shows. to save you some time, we brought together the bright points. take a look. >> do you think you have enough support on alcohol kohl keep an assault weapons ban from passing? >> if he is willing to expend the political capital, you don't want to make predictions, and yo you don't want to bet your house on the outcome, but i would say that the likelihood is that they are not going to be able to get an assault weapons ban through this congress. >> this is not your father's nra, but it represents gun manufacturers and less than half of the funding comes from their member, and they make tens of millions of dollars off of the purchases of guns. >> just his overall temperament and is he suited to run a department or big agency or big entity like the pentagon? >> you have questions about his temperament? >> i think -- i think -- i think there are numbers of staffers who are coming forth now just
. >>> the gun control debate who will be our next secretary of defense and whether your taxes are going to go up. in case you missed them, they were some of the topics on the sunday political talk shows. to save you some time, we brought together the bright points. take a look. >> do you think you have enough support on alcohol kohl keep an assault weapons ban from passing? >> if he is willing to expend the political capital, you don't want to make predictions, and yo you...
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this is the same crew that were saying they would never see taxes go up. we don't need every member in a republican party. we need 218 votes in the house for a reasonable package. and, you know, you have to watch for people to do, not just what they say. in the u.s. capitol, you can't walk in here with a grun. you can't walk in here with an assault weapon. over in the supreme court which says you have this unlimited right to have a gun, you can't walk in there with a gun. why should people walk sbhinto schools or movie theaters? that congress should provide for the american public. we know that guns can be dangerous in the wrong hands. that's why we have all of the rules and regulations and the security protections here. and we need to make sure that in our day care centers and our communities, we provide a better safety environment for our kirn. >> now, rooiyan, it seems like e republ lip cans, and i noticed the congressman said we don't need them all, some republicans do sound like they are more open to possible gun legislation more than some of the far
this is the same crew that were saying they would never see taxes go up. we don't need every member in a republican party. we need 218 votes in the house for a reasonable package. and, you know, you have to watch for people to do, not just what they say. in the u.s. capitol, you can't walk in here with a grun. you can't walk in here with an assault weapon. over in the supreme court which says you have this unlimited right to have a gun, you can't walk in there with a gun. why should people walk...
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Jan 13, 2013
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the fiscal negotiations and our spending and taxes, the taxes one i think is closed, come down to this. the reason we can't get a deal is that for each party each party s trying to get from the negotiations what they are being asked to five up in the negotiations. -- give up in the negotiations. hard to get a deal that a way. >> check out panel plus where our group pubs up with the discuss on our -- picks up with our discussion on the website. follow us on twitter. up next, our power player of the week. alright let's break it down. mom, pop it. ♪ two inches apart, becky. two inches. t-minus nine minutes. [ ding ] [ female announcer ] pillsbury cinnamon rolls. let the making begin. ♪ ... >>. >> chris: up till now she let her husband lead on public life as she has been as private as she can be. but she has decided to help more people by stepping forward. here is our power player of the week. >> it's the point of everyone. >> carol geithner is talking about it. for the last 20 years she has worked as a counselor and now a novelist to help people deal with loss. >> sharing their story,
the fiscal negotiations and our spending and taxes, the taxes one i think is closed, come down to this. the reason we can't get a deal is that for each party each party s trying to get from the negotiations what they are being asked to five up in the negotiations. -- give up in the negotiations. hard to get a deal that a way. >> check out panel plus where our group pubs up with the discuss on our -- picks up with our discussion on the website. follow us on twitter. up next, our power...
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Jan 14, 2013
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the fiscal negotiations and our spending and taxes, the taxes one i think is closed, come down to this. the reason we can't get a deal is that for each party each party s trying to get from the negotiations what they are being asked to five up in the negotiations. -- give up in the negotiations. hard to get a deal that a way. >> check out panel plus where our group pubs up with the discuss on our -- picks up with our discussion on the website. follow us on twitter. up next, our power player of the week. [ male announcer ] this is joe woods' first day of work. and his new boss told him two things -- cook what you love, and save your money. joe doesn't knowt yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. >>. >> chris: up till now she let her husband lead on public life as she has b
the fiscal negotiations and our spending and taxes, the taxes one i think is closed, come down to this. the reason we can't get a deal is that for each party each party s trying to get from the negotiations what they are being asked to five up in the negotiations. -- give up in the negotiations. hard to get a deal that a way. >> check out panel plus where our group pubs up with the discuss on our -- picks up with our discussion on the website. follow us on twitter. up next, our power...
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Jan 16, 2013
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they agreed to higher taxes on a certain group of people. >> they got permanent tax cuts for 98% of the people. >> that's obama's line. look, they don't have to cave now. now the issue is spending and debt. they should not, they must not cave now. >> sean: why do you disagree? >> i'm just, i'm a realist and a pragmatist. and i do not believe that there's any possibility of dealing with entitlement spending in the the next eight weeks to get something through congress. >> sean: quick question. >> which is what we need to do. >> sean: what wok so bad if the republicans said we're not going to raise the debt ceiling unless there's significant cuts. >> that should be the opening position. >> sean: then you have them cave? >> there has to be-- >> you two are hard to take seriously in your jeans, stuart varney is wearing a sport coat and-- it's not a suit and thrown my whole world upsidedown. >> sean: he's got lighter jeans. >> flat-out changed the subject. >> i learned that somewhere. >> sean: dodge. >> shift in position. >> sean: you say sage bob beckel "the five". >> did you not to that. t
they agreed to higher taxes on a certain group of people. >> they got permanent tax cuts for 98% of the people. >> that's obama's line. look, they don't have to cave now. now the issue is spending and debt. they should not, they must not cave now. >> sean: why do you disagree? >> i'm just, i'm a realist and a pragmatist. and i do not believe that there's any possibility of dealing with entitlement spending in the the next eight weeks to get something through congress....
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they couldn't win that battle regarding taxes. with this one, they have leverage. >> they thought it was their leverage but still when you go in to this debate, tamron, they control only one part of the government. it's a house of representatives. democrats control the senate. they control the white house. so while house republicans do have some leverage, we also learned something from the fiscal cliff negotiations that john boner's willing to bring legislation to the floor that doesn't have this majority of support from the party and pretty big, as well. >> all right. mark, thank you very much. greatly appreciate it. talk to you tomorrow on these things. >>> former president george h.w. bush has now been released from the hospital in houston today and headed home. mr. bush was admitted to the hospital around thanksgiving, suffering from a severe case of bronchitis. in the stay, developed a fever. doctors say he'll continue physical therapy at home. mr. bush is 88 years old. >>> my starting point is not to worry about the politics
they couldn't win that battle regarding taxes. with this one, they have leverage. >> they thought it was their leverage but still when you go in to this debate, tamron, they control only one part of the government. it's a house of representatives. democrats control the senate. they control the white house. so while house republicans do have some leverage, we also learned something from the fiscal cliff negotiations that john boner's willing to bring legislation to the floor that doesn't...
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by the death tax. people didn't like it before. they don't like it now. >> i feel like with gun laws in particular the second amendment is the go-to argument. it is the banner under which the nra marches. >> i think it's enjoyable for people who felt like they're being bullied by the second amendment, and -- until obama went out and said you have a right to worship freely, i really don't. i tend to think that the people who -- >> i think that it does reframe it so that folks actually feel comfortable coming in, and actually supporting. what i mean by that is, like, nra members are actually overwhelmingly in support of a lot of the stuff with the president is doing, and by saying it actually gives them talking points to talk to their friends and family about it, and that's what they're trying to do. >> right. >> and if glen is right and we're moving towards a second term in which the president is going to be more forth rightly liberal and more principled, then this makes sense, right. this is re-establi
by the death tax. people didn't like it before. they don't like it now. >> i feel like with gun laws in particular the second amendment is the go-to argument. it is the banner under which the nra marches. >> i think it's enjoyable for people who felt like they're being bullied by the second amendment, and -- until obama went out and said you have a right to worship freely, i really don't. i tend to think that the people who -- >> i think that it does reframe it so that folks...
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reform by closing loopholes in our tax reform for the wealthiest americans. if we combine a balanced package of saving through -- we can solve the deficit issues without sacrificing things like our investments in education that are going to help us grow. turns out the american people agree with me. they listened to an entire year's debate over this issue and they made a clear decision about the approach they prefer. they don't think it's fair for example to ask a senior to pay more for his or her health care or for a scientist to shut down ground breaking research so that a multimillionaire can pay less taxes than a secretary. they don't think it's smart to close endless loopholes for wealthy americans rather than invest in our roads and to help manufacturers bring jobs back to america. they want us to bring our books in order no a balanced way where everybody pulls their weight and everybody does their part. that's what i want as well. that pie that's what i've proposed. and we can get it done, but we're going to have to make sure that people are looking at
reform by closing loopholes in our tax reform for the wealthiest americans. if we combine a balanced package of saving through -- we can solve the deficit issues without sacrificing things like our investments in education that are going to help us grow. turns out the american people agree with me. they listened to an entire year's debate over this issue and they made a clear decision about the approach they prefer. they don't think it's fair for example to ask a senior to pay more for his or...
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Jan 14, 2013
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i didn't say that i would not have any conversations at all about extending the bush tax cuts. i just said we wouldn't extend them for the wealthy. we didn't. you can argue that during the campaign i said -- i set the criteria for wealthy at $250,000, and we ended up being at $400,000, but the fact of the matter is millionaires and billionairres are paying significantly more in taxes just as i said. so for, you know, from the start, my concern was making sure that we had a tax code that was fair and it protected the middle class, and my biggest priority was making sure that middle class taxes did not go up. the difference between this year and 20112 is the fact that we have already made $1.2 trillion in cuts, and at the time i indicated that there were cuts that we could sensibly make that would not damage our economy, would not impede growth. i said at the time i think we should pair it up with revenue in order to have an overall balanced package, but my own budget reflected cuts in discretionary spending. my own budget reflected the cuts that needed to be made, and we've made
i didn't say that i would not have any conversations at all about extending the bush tax cuts. i just said we wouldn't extend them for the wealthy. we didn't. you can argue that during the campaign i said -- i set the criteria for wealthy at $250,000, and we ended up being at $400,000, but the fact of the matter is millionaires and billionairres are paying significantly more in taxes just as i said. so for, you know, from the start, my concern was making sure that we had a tax code that was...
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higher estate tax rate. but it could have been worse. >> i think that the wealthy got off pretty easily here. there's a modest tax increase for the very wealthiest in this society, a very tiny percentage. i, frankly, that there are more taxes coming and they're going to bite more deeply into the middle class. >> approximately two-thirds of american will pay more taxes. the tax bite for the middle class comes from the end of payroll tax cut, which wasn't renewed in the fiscal cliff deal. but whatever happened to comprehensive tax reform? >> the irs tax code is still a nightmare. it's too complex, too costly, and too unfair. >> reporter: both sides say they're open to simplifying the tax code. more than 70,000 pages in 2012. the u.s. government gives away more than $1 trillion a year in tax breaks, but republicans say reform isn't about squeezing more money out of taxpayers. >> i think tax reform is a good idea, but now that we have resolved the revenue issue, tax reform ought to be revenue neutral, as it was
higher estate tax rate. but it could have been worse. >> i think that the wealthy got off pretty easily here. there's a modest tax increase for the very wealthiest in this society, a very tiny percentage. i, frankly, that there are more taxes coming and they're going to bite more deeply into the middle class. >> approximately two-thirds of american will pay more taxes. the tax bite for the middle class comes from the end of payroll tax cut, which wasn't renewed in the fiscal cliff...
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Jan 16, 2013
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because there is a large transfer of wealth in tax dollars from the north down to the south. so why they would want to mess with that arrangement is beyond me. >> professor michael eric dyson and ryan grim whose office enjoys watching our broadcast even as he speaks to us, thanks very much. much more ahead. but first sue herrera has the market wrap. >> good afternoon. here's a look how today wall street finished the trading session. it snapped a winning streak. and the dow finishes the trading session on the downside by about 24 points or so. the standard & poor's fractionally higher by a quarter of a point. and the nasdaq up about seven points on the trading session. that's it from cnbc. we are first in business worldwide. martin is back after a very quick break. ♪ ♪ [ male announcer ] this is karen and jeremiah. they don't know it yet, but they're gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get marr
because there is a large transfer of wealth in tax dollars from the north down to the south. so why they would want to mess with that arrangement is beyond me. >> professor michael eric dyson and ryan grim whose office enjoys watching our broadcast even as he speaks to us, thanks very much. much more ahead. but first sue herrera has the market wrap. >> good afternoon. here's a look how today wall street finished the trading session. it snapped a winning streak. and the dow finishes...
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Jan 15, 2013
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get more organized save enough money what you are losing in the 2% tax hike. >> very good tips. >> thanks. >> a bay area community gets a turn in the national spotlight. learn how a joke has sparked a facebook phenomenon. >> we are continuing to track the chill from the north bay to the south bay. current temperatures 48 in walnut creek and 50 in fremont. we have more on the frost advisory and freeze warning coming up. >> a new gel may help prepare damaged cartilage, helping you get back in the game. and may help to avoid certain surgeries. i will have it coming up. >>> the los angeles county coroner has revised the report for natalie woods, she had fresh bruises on her arm, wrist and neck that likely occurred before she drowned. they cannot tell whether they were made from an attempt to get back in the boat or from the dingy. >> president george h. w. bush is back home after a long stay in the houston area hospital. he had to stay longer than excepted to be treated for a cough. the 41st president is 88 years old. and this story making international headlines late this afternoon, lance ar
get more organized save enough money what you are losing in the 2% tax hike. >> very good tips. >> thanks. >> a bay area community gets a turn in the national spotlight. learn how a joke has sparked a facebook phenomenon. >> we are continuing to track the chill from the north bay to the south bay. current temperatures 48 in walnut creek and 50 in fremont. we have more on the frost advisory and freeze warning coming up. >> a new gel may help prepare damaged...
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Jan 15, 2013
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people pulling transactions forward because they were afraid of higher tax rates in 2013. but for the first three months of 2013, we have a rapidly shrinking fiscal 2013, we have a rapidly shrinking deficit. so we are in a way chasing a vanishing problem. >> which is interesting, and that would allow for some things that are dirty and things that are not so dirty, would completely perhaps get rid of this problem after a while. do you think we're headed for a full stalemate? >> it's such a shame. i think david is right because we have low debt service right now. we're paying less interest on our debt than we had in the reagan and bush administrations before because interest rates are so low. >> but they're going to go up one day. >> but not for several years. i'll say it, we should be borrowing more at 30-year, 3% terms, so we can invest in the long-term growth of this economy. this is not the time for further austerity and cuts. if we were even to consider that right now, it would be a disaster. and what we're doing right now as the president correctly said today, is actua
people pulling transactions forward because they were afraid of higher tax rates in 2013. but for the first three months of 2013, we have a rapidly shrinking fiscal 2013, we have a rapidly shrinking deficit. so we are in a way chasing a vanishing problem. >> which is interesting, and that would allow for some things that are dirty and things that are not so dirty, would completely perhaps get rid of this problem after a while. do you think we're headed for a full stalemate? >> it's...
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to dodge ten's of millions of taxes in the city of chicago. the rta reports a single part-time employee works at that office one person that on a recent visited consultants found it locked. only a few chairs and desks through a window. the office is completely legal and any lawsuit would be without merit. rick live enthall is live in our newsroom tonight. how can they get away with this? >> most are collected where products are received. if you fill up with jet fuel that's where the taxes are collected. >> the purchase is accepted opening this possible loophole. advise half a million gallons of jet fuel every day at o'hare airports. most of the fuel transactions are negotiated through united chicago headquarters. it alleges an airline subsidiary opened a small office in sick more. we have video provided by the rta. you get a tax kickback from the town saves a few hundred million. the only reason the fuels had the office in sick more is to create a sham packed for fuel rather than lower tax jurisdiction. in a statement united airlines says it h
to dodge ten's of millions of taxes in the city of chicago. the rta reports a single part-time employee works at that office one person that on a recent visited consultants found it locked. only a few chairs and desks through a window. the office is completely legal and any lawsuit would be without merit. rick live enthall is live in our newsroom tonight. how can they get away with this? >> most are collected where products are received. if you fill up with jet fuel that's where the taxes...
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compared with the fiscal cliff which was by all accounts a roughly familiar tax and spending debate, this one has far more import because it will determine whether among other things the united states continues to make good on the obligations it has already undertaken. interest and principal on the debt we have borrowed. our credit rating which was so famously downgraded in the summer of 2011 hangs in the balance here. and of course, people on both sides of the aisle are fighting over whether it is fair game to use the debt ceiling as a piece of political leverage to get the government to stop its spending. on the one hand, people on the right say, well, what else are we going to use? we are engaging in sort of financial madness spending so much so we have to use whatever tool is available there and you heard the president yesterday, tamron, saying this is like taking the economy hostage by threatening not to pay debts that we have already incured. >> tyler, as i mentioned, the dow up just a little bit today. how soon will we see perhaps start to see an impact on the arrows on the sc
compared with the fiscal cliff which was by all accounts a roughly familiar tax and spending debate, this one has far more import because it will determine whether among other things the united states continues to make good on the obligations it has already undertaken. interest and principal on the debt we have borrowed. our credit rating which was so famously downgraded in the summer of 2011 hangs in the balance here. and of course, people on both sides of the aisle are fighting over whether...
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Jan 14, 2013
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, the taxes one is closed. come down to this: the reason we can't get a deal is, that for each party, each party is trying to get from the negotiations, what they are asked to give up in negotiations, hard to get a deal that way. >> chris: thank you, panel. see you next week. don't forget to check out panel plus where our group picks up with the discussion on our web site, foxnewssunday.com and they'll post the video before noon eastern time and make sure and follow us on twitt twitter @foxnewssunday. up next our power player of the week. ♪ i tuned it all out. with unitedhealthcare, i get information that matters... my individual health profile. not random statistics. they even reward me for addressing my health risks. so i'm doing fine... but she's still going to give me a heart attack. we're more than 78,000 people looking out for more than 70 million americans. that's health in numbers. unitedhealthcare. impact wool exports from new zealand, textile production in spain, and the use of medical technology in
, the taxes one is closed. come down to this: the reason we can't get a deal is, that for each party, each party is trying to get from the negotiations, what they are asked to give up in negotiations, hard to get a deal that way. >> chris: thank you, panel. see you next week. don't forget to check out panel plus where our group picks up with the discussion on our web site, foxnewssunday.com and they'll post the video before noon eastern time and make sure and follow us on twitt twitter...
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Jan 13, 2013
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regardless of whether it's guns or whether tax reform or immigration or energy policy, it's all the same. >> right. >> they're going to have to come to the table with a comprehensive package. in the case of guns you know the throw or four components that haven to included in the end. it's kind of a no-brainer for most but we have a hard time getting there. that's why bringing together these -- this coalition of problem solvers in congress that no labels has been able to, it's a start. by the end of the year if we get 75 to 80 such people, imagine the progress on all these important issues we'll be able to make. >> i'm going to give you the last word here. you are in a position, you do vote in the senate, and your words post newtown were taken originally as, oh, senator manchin is now for a ban on assault weapons. probably what you were talking about. >> guilt by conversation. >> so the question here is, am i correct in interpreting what you're saying, sure you would talk about an assault weapons ban, but it has to be in a more wholistic package than just here's an assault weapons ban, th
regardless of whether it's guns or whether tax reform or immigration or energy policy, it's all the same. >> right. >> they're going to have to come to the table with a comprehensive package. in the case of guns you know the throw or four components that haven to included in the end. it's kind of a no-brainer for most but we have a hard time getting there. that's why bringing together these -- this coalition of problem solvers in congress that no labels has been able to, it's a...
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taxes were set to go up by law on january 1. some house republicans said they didn't block it for everyone and they could prevail. speaker boehner brought forth blocking increase for everyone but millionaires, they balked. what passed later is something conservatives like less. they opposed that, too and they lost. some republicans are saying they have more leverage now to force spending cuts. maybe they do. but they will need to be smart about how they use it. with the senate, the white house and most of the press againstbe them, they should not expect a fair fight. >> bret: paul ryan said they need to be careful and remember what you are saying here. you had other members like congresswoman kathy mcmorris rogers in leadership saying you do need to shut down the government and make a stand. >> if the lessons of the 1990s when the republicans took control of the house tell you anything you shouldn't talk about how you are okay with shutting down the government. i said this before. people tell pollsters they want the government c
taxes were set to go up by law on january 1. some house republicans said they didn't block it for everyone and they could prevail. speaker boehner brought forth blocking increase for everyone but millionaires, they balked. what passed later is something conservatives like less. they opposed that, too and they lost. some republicans are saying they have more leverage now to force spending cuts. maybe they do. but they will need to be smart about how they use it. with the senate, the white house...
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Jan 13, 2013
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fathered a child with his math teacher when he was 14 and after abandoning the kid comes back to pay taxes. it is very foul-mouthed and the basic concept isn't particularly humorous, i don't think. and it, surprisingly to me, i thought adam sandler had written it. it is on the level with most of his movies, he didn't. that's one nomination he didn't get, worst screenplay. >> one you think is the worst of the whole year? >> it would be that one of the five we nominated. i found it the most offensive and most indefensible. "twilight" i find very entertaining, but as a comedy. and i know the fans of that franchise take it very seriously, but i personally do not know anyone who had to choose between a werewolf and a vampire to choose for a prom date. >> winners for the 33rd annual razzies will be announced january 23rd, the night
fathered a child with his math teacher when he was 14 and after abandoning the kid comes back to pay taxes. it is very foul-mouthed and the basic concept isn't particularly humorous, i don't think. and it, surprisingly to me, i thought adam sandler had written it. it is on the level with most of his movies, he didn't. that's one nomination he didn't get, worst screenplay. >> one you think is the worst of the whole year? >> it would be that one of the five we nominated. i found it...
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Jan 21, 2013
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>> we have a history and, if you look at ronald reagan he accomplished tax reform in the second term and president clinton made progress towards the balanced budget. there was good second-term accomplishment. it is not like we're roaming around the white house looking for things to do. we have immigration, gun safety, measures to help the economy and energy and we have a stack agenda here. there is urgency in the country for us to address this. we'll bring the same energy and focus he did to the second term. obviously, other administrations got, you know, in trouble with scandals. we avoided that and hope to continue that. but, those issues and others, education reform, there is just no shortage of things we can do to help the american middle class and the economy. we're going to pursue those and we are mindful of it and i think you have to stay connected with what you ran on and you can't bring stuff out of thin air, you know, i think one of the problems with the social security privatization effort during the bush administration was that wasn't really a core thing that he campaigne
>> we have a history and, if you look at ronald reagan he accomplished tax reform in the second term and president clinton made progress towards the balanced budget. there was good second-term accomplishment. it is not like we're roaming around the white house looking for things to do. we have immigration, gun safety, measures to help the economy and energy and we have a stack agenda here. there is urgency in the country for us to address this. we'll bring the same energy and focus he did...
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Jan 18, 2013
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we kept middle class taxes low. we insured that every working family across the country had a little bit more money in their pocket to get through some of the tough times. we enacted health care reform. these are real things that we did to take steps to move our country forward. this is what the american people voted for. they voted for change and they voted for action, and stloetd for a pretty specific agenda. >> i wanted to also ask you about valerie jarrett's interview with politico and mike allen. she really pushed back hard on the argument that there have not been so far enough women in key roles throughout the cabinet. i'm not talking about the whole cabinet, but the lead four. now we look at dennis mcdonough being the chief of staff. on the frontline, not enough women. she points out in her comments to mike allen and jim vaned high, i don't play golf. i don't play basketball. i don't really play cards. i don't think anybody questions whether i have a role to play here. it's irrelevant whether the president wa
we kept middle class taxes low. we insured that every working family across the country had a little bit more money in their pocket to get through some of the tough times. we enacted health care reform. these are real things that we did to take steps to move our country forward. this is what the american people voted for. they voted for change and they voted for action, and stloetd for a pretty specific agenda. >> i wanted to also ask you about valerie jarrett's interview with politico...
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Jan 15, 2013
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and mean, this is a tax on both sides of the aisle, and sometimes there is real racism than these to be pointed out. >> that is like crying wolf when it is not there just first the whole cause. when susan rice did not good to be secretary of state democrats said that is racism, because she is black. >> and the woman question we have up black boy named tracy was secretary of state and other republicans. >> as we did. yes we did. >> you pointed out something that he was too polite to say. he said during the campaign committee has every right to put those examples on because when that happened many people took exception to it. it was more than a dog whistle comments were anyone knew what to deny that happened is to make his case for him. lou: so if you argue as to menu just proved the case for him, and therefore all the damfool would argue about an objective standard of truth to what the value or racists confirms. that's pretty complicated and we that's pretty complicated and we thank you for sharin this is $100,000. that's pretty complicated and we thank you for sharin we asked total s
and mean, this is a tax on both sides of the aisle, and sometimes there is real racism than these to be pointed out. >> that is like crying wolf when it is not there just first the whole cause. when susan rice did not good to be secretary of state democrats said that is racism, because she is black. >> and the woman question we have up black boy named tracy was secretary of state and other republicans. >> as we did. yes we did. >> you pointed out something that he was...
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Jan 19, 2013
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we have to deal with the jobs and the low-entry wages, and expand the earned tax credit and child tax credit and work incentive will make a difference to many. don't cut early education, but make sure you are breaking through the things that cause dependency, and working hard to say, every child is ready for school and every child has high quality pre-k and kindergarten and if you did that, you could also create new job, but here, we have new race to the top requirement requirements. and poor standards, but we don't have pre-k or kindergarten in 40 states to help children meet those standards. >> i want to underline the parental jobs and wages, but a report says that in no i state can -- no state can an individual working full-time at the minimum wage afford the fair market rent for a two-h bedroom apartment for his or her family. we have created a minimum wage where you cannot have an apartment. >> and you know homelessness is rampant just as hunger is rampant and if it weren't for the safety net, it would be worse. children were the poorest americans before the recession, but since
we have to deal with the jobs and the low-entry wages, and expand the earned tax credit and child tax credit and work incentive will make a difference to many. don't cut early education, but make sure you are breaking through the things that cause dependency, and working hard to say, every child is ready for school and every child has high quality pre-k and kindergarten and if you did that, you could also create new job, but here, we have new race to the top requirement requirements. and poor...
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Jan 16, 2013
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what to do with the tax man on a queue. don't go away gerri: the story of the tax payers dreadnoughts. one in every age we win that one in 2011. you can expect even more this year. especially for those high income earners. so what happens next? we have your bottom line coverage of crucial test in navigating the process. when he is the founder and president of diversified financial consultant. welcome back to the show. >> thank you. gerri: i was mentioning that the irs really win after its people last year. how is this different? >> well, they go where the money. lots of people have the money. more important, they are targeting small business owners and these are the guys are taking, they have targeted them and that is where the money is. gerri: okay, a lot of people will not be happy to hear that. let's talk about the rest. >> once people get dreaded notice in the mail, typically that is the irs looking for classification and clarification of information. they can come to your office to your account office. >> so i have hav
what to do with the tax man on a queue. don't go away gerri: the story of the tax payers dreadnoughts. one in every age we win that one in 2011. you can expect even more this year. especially for those high income earners. so what happens next? we have your bottom line coverage of crucial test in navigating the process. when he is the founder and president of diversified financial consultant. welcome back to the show. >> thank you. gerri: i was mentioning that the irs really win after its...
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Jan 16, 2013
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later on fox business i want you to meet the corn husker turned tax buster. the latest governor to give the income tax shove. do you notice a trend here? more and more governors, republicans governors are doing this. what are they up to? what are they really up to? tonight at 8:00. >> eric: hello, i'm eric bolling with andrea tantaros, bob beckel,be dana perino and gregreg gutfeld is back! it's 5:00 in new york city. this is "the five." ♪ ♪ >> eric: as expected, president become become used kids as backdrop addressing the american people on the plans for a new gun control. here he is. just hours ago. >> these are smart letters from some pretty smart young people. hennah a third grader. you can wave. that's you. henna wrote, i feel terrible for the parents who lost their children. i love my country and i want everyone to be happy and safe. grant -- go ahead and wave, grant. grant said i think there should be some changes. learn from what happened at sandy hook. i feel really bad. >> eric: the president outlined a series of proposals including closing backg
later on fox business i want you to meet the corn husker turned tax buster. the latest governor to give the income tax shove. do you notice a trend here? more and more governors, republicans governors are doing this. what are they up to? what are they really up to? tonight at 8:00. >> eric: hello, i'm eric bolling with andrea tantaros, bob beckel,be dana perino and gregreg gutfeld is back! it's 5:00 in new york city. this is "the five." ♪ ♪ >> eric: as expected,...
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Jan 17, 2013
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cpa or tax attorney. >> i would've thought he would've said so everything you know about whatever the issue is -- you are a lot more circumspect than that. >> yes, the letters you get in the mail will have a specific item that they're looking for. they could be looking at things like your expenses or business expenses into their questions and be very specific. gerri: okay, you said small businesses were targeted in 2013. let's talk about why. >> if you look at the average taxpayer, a w-2, there isn't much pushback. a small business owner has a lot of expenses. the uk the car after dinner wa't your wife? the irs is targeting where the money is. a lot of the expenses are up for grabs. >> they are high income taxpayers, these are the people who are in the crosshairs. foreign transactions would be more likely. is that i? >> is possible, especially for a larger business owner. i think travel entertainment and things like that are expensive. anything that. you know, we define a small-business owner and under a hundred employees. we can be substantial employees. gerri: a lot of businesses us
cpa or tax attorney. >> i would've thought he would've said so everything you know about whatever the issue is -- you are a lot more circumspect than that. >> yes, the letters you get in the mail will have a specific item that they're looking for. they could be looking at things like your expenses or business expenses into their questions and be very specific. gerri: okay, you said small businesses were targeted in 2013. let's talk about why. >> if you look at the average...
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obama demands the wealthy pay their fair share of taxes. but, he's just another elitist hypocrite when it comes to a fair share of security. protection for their kids, and gun free zones for ours. >> all right. the white house called the ad repugnant and cowardly. i think they are right. can i say something about this partisan back and forth. we have just come out of a heinous mass murder atrocity which is of course a complete national tragedy. all right. is it possible, just once that the republicans and the nra and democrats and the president can stop this cheap unseemly squabbling just once? may we have a civilized conversation about what this nation can do to avoid another horrible sandy hook? all i want, all i want is a civil conversation. there's a lot of very complex pieces here and they need the best minds to figure this out. i just want the squabbling to stop. this is worst than the fiscal squabbling and the debt ceiling. you know why? the stakes are higher. we're talking human lives. those little baby angels. let's try in their me
obama demands the wealthy pay their fair share of taxes. but, he's just another elitist hypocrite when it comes to a fair share of security. protection for their kids, and gun free zones for ours. >> all right. the white house called the ad repugnant and cowardly. i think they are right. can i say something about this partisan back and forth. we have just come out of a heinous mass murder atrocity which is of course a complete national tragedy. all right. is it possible, just once that...
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Jan 17, 2013
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obama demands the wealthy pay their fair share of taxes but he's just another elitist hypocrite when it comes to a fair share of security. protection for their kids and gun-free zones for ours. >> bill: now unless i didn't hear it correctly, there were three times there where he's talking about the president's kids. >> sure. as anyone who follows politics knows, that is an area that's really considered off-limits when you're talking about children of the president. so whether to make a point -- i understand this is a debate about children but i think most of the observers looking at david keen said this is not about the children. it is about the arguments that -- >> bill: he would only say that if he were getting a lot of flack because of it. he must be getting some flack even from nra supporters who said drop that ad. enough is enough. >> it is important to bear in mind it is a web-only ad. it was more put throughout to stir this kind of debate about the gun issue rather than actually focusing in on the president's proposal. >> bill: let's get to the political viability of the presi
obama demands the wealthy pay their fair share of taxes but he's just another elitist hypocrite when it comes to a fair share of security. protection for their kids and gun-free zones for ours. >> bill: now unless i didn't hear it correctly, there were three times there where he's talking about the president's kids. >> sure. as anyone who follows politics knows, that is an area that's really considered off-limits when you're talking about children of the president. so whether to...